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$339,000

NAL Estimated Property Value

1242 Dalhart Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.27 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Microwave, Refrigerator
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,250 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42160500640400000
Lot Number40
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 7 BLK 64 LT 40 INT202200249820 DD09162022 CO-DC 1605006404000 3CR16050064
Census Tract019215
Assessed Land Value$120,000
Assessed Improvement Value$211,410
Assessment Year2025

About this property

Wonderful Move-In Ready or Investment Opportunity oozing with potential! Located in the established D Streets area of Richardson. Perfect for a first-time home buyer or someone who likes a lot of character. Just a short walk to Cottonwood Park and all the amenities this park has to offer, Richardson High School, Shopping and Dining. Just minutes to Highway 75 or 635. Open Floor Plan with Original Hardwoods for whatever you choose! Large Backyard with Mature Trees and Oversized Decked Patio Area. This little gem is a Great Opportunity!

Investor Tools

Property Icon
$339,000
Estimated Property Value
$266,507Estimated Mortgage Balance
$72,493Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,248
$331,410
2025
$120,000
$211,410
$331,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,248
$331,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$286,000
No
First
Sep 16, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,507
$72,493
21%
79%
$1,715/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,715/mo
+$325/mo
7.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richardson

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1242 Dalhart Dr | Property Details | No Agent List